Action on Climate Change
Before I get started on the latest news, I want to share some information about a climate action that is taking place today in several U.S. cities, including Boston. My sister-in-law is a leader in her local chapter of Mothers Out Front, an organization that fights climate change. The group has been working to call attention to Blackrock, a huge asset management corporation whose CEO Larry Fink has tried to position himself as pro-environment, while leading the company that contributes more than any other to the problem of global warming.
My brother made this video to publicize today’s actions.
The Guardian, May 21, 2019: World’s biggest investor accused of dragging feet on climate crisis.
[Blackrock CEO Larry] Fink, who was paid $24m (£18.8m) in 2018, began BlackRock as part of Blackstone, the world’s largest private equity group, and spun it out in 1995. Since then, New York-based BlackRock has risen to become an investing behemoth, controlling $6.5tn in assets – a value more than twice the annual output of the UK economy.
That staggering size has placed BlackRock at the heart of the global fossil fuel industry: it is the largest investor in coal worldwide, according to InfluenceMap, an environmental campaign group, and has by far the highest density of coal holdings of the world’s 10 largest investors. BlackRock effectively owns 2.1bn tonnes of thermal coal reserves, based on the size of its stakes in major miners.
BlackRock is counted among the top three shareholders in every oil “supermajor” bar France’s Total, and is among the top 10 shareholders in seven of the 10 biggest coal producers, according to Guardian analysis of data from financial information firm S&P.
Yet Fink, 66, who moves in US Democrat political circles, argues it is not his company’s duty to fight the climate emergency. In the real version of his annual letter to shareholders, published in January, Fink said that his overriding duty is to make customers money.
“Our firm is built to protect and grow the value of our clients’ assets,” Fink wrote. “We often get approached by special interest groups who advocate for BlackRock to vote with them on a cause. In many cases, I or other senior managers might agree with that same cause – or we might strongly disagree – but our personal views on environmental or social issues don’t matter here. Our decisions are driven solely by our fiduciary duty to our clients.”
Also from The Guardian, September 17, 2019: Wall Street investment giants voting against key climate resolutions.
Some of Wall Street’s largest asset management companies are failing to live up to commitments to use their voting power to fight the climate crisis, according to a new report.
The report, published on Tuesday by the Washington DC-based Majority Action and the Climate Majority Project, claims that BlackRock Inc, the world’s largest asset manager with more than $6tn under management, and Vanguard, with assets of $5.2tn, have voted overwhelmingly against the key climate resolutions at energy companies, including a resolution at ExxonMobil’s annual shareholder meeting, and at Duke Energy.
Had BlackRock and Vanguard not torpedoed these investor efforts, at least 16 climate-critical shareholder resolutions at S&P 500 companies would have received majority support in 2019, representing a significant corporate shift on climate, the report claims….
“The climate crisis is well upon us, and leading investors are stepping up to press fossil-fuel-dependent companies to align their strategies to the goals of the Paris agreement but some of the largest US investment companies are severely lagging,” said Majority Action’s Eli Kasargod-Staub.
“Blackrock and Vanguard have been using their shareholder voting power to undermine, rather than support, investor action on climate, including opposing every one of the resolutions proposed by the $34tn Climate Action 100+ coalition, calling for significant board room reform in response to its failure to act on climate change,” Kasargod-Staub added.
Unfortunately, it’s raining in Boston today. I expect the mothers will still show up for the demonstration though. I’ll report back if I hear anything about how it went.
UPDATES from the Boston BlackRock protest
Impeachment Inquiry News
Today a White House insider who heard Trump’s call to Ukraine president Volodymyr Zelensky will testify in the impeachment inquiry.
The New York Times: Army Officer Who Heard Trump’s Ukraine Call Reported Concerns.
A White House national security official who is a decorated Iraq war veteran plans to tell House impeachment investigators on Tuesday that he heard President Trump appeal to Ukraine’s president to investigate one of his leading political rivals, a request the aide considered so damaging to American interests that he reported it to a superior.
Lt. Col. Alexander S. Vindman of the Army, the top Ukraine expert on the National Security Council, twice registered internal objections about how Mr. Trump and his inner circle were treating Ukraine, out of what he called a “sense of duty,” he plans to tell the inquiry, according to a draft of his opening statement obtained by The New York Times.
He will be the first White House official to testify who listened in on the July 25 telephone call between Mr. Trump and President Volodymyr Zelensky of Ukraine that is at the center of the impeachment inquiry, in which Mr. Trump asked Mr. Zelensky to investigate former Vice President Joseph R. Biden Jr.
“I did not think it was proper to demand that a foreign government investigate a U.S. citizen, and I was worried about the implications for the U.S. government’s support of Ukraine,” Colonel Vindman said in his statement. “I realized that if Ukraine pursued an investigation into the Bidens and Burisma it would likely be interpreted as a partisan play which would undoubtedly result in Ukraine losing the bipartisan support it has thus far maintained.”
I hope you’ll forgive a little childhood nostalgia from me this morning. Yesterday I came down with a cold and sought a little comfort by recalling the Beatrix Potter stories my parents read to me as a child. I googled Potter and came across this wonderful story about her life at The Guardian: The strange life of Beatrix Potter — how rabbits (and mushrooms) set her free, by Matthew Dennison. Dennison wrote a brief biography of Potter, Over the Hills and Far Away: The Life of Beatrix Potter. Here’s the Amazon blurb of the book:
Inspired by the twenty-three “tales,” Matthew Dennison takes a selection of quotations from Potter’s stories and uses them to explore her multi-faceted life and character: repressed Victorian daughter; thwarted lover; artistic genius; formidable countrywoman. They chart her transformation from a young girl with a love of animals and fairy tales into a bestselling author and canny businesswoman, so deeply unusual for the Victorian era in which she grew up. Embellished with photographs of Potter’s life and her own illustrations, this biography will delight anyone who has been touched by Beatrix Potter’s work.
At The Guardian, Dennison writes that at 25, Potter was:
Unmarried, cripplingly shy, plagued by poor health, she passed empty days in the nursery of her childhood home in South Kensington, at the beck and call of her irritable parents. She would remain there until her unexpected marriage at the age of 45.
In place of friends, she had a “noisy cheerful” pet rabbit called Benjamin H Bouncer. On good days, she noted, he was “amiably sentimental to the point of silliness”; on bad days, he ate the insides of her paintbox. Beatrix even dreamt about him: “Bunny came to my bedside in a white cotton nightcap and tickled me with his whiskers.” Inspired by Pepys, she wrote her diary in a complicated code of her own invention, sometimes framing her entries as letters to an imaginary friend called Esther. In these diaries, she vented frustration at her comfortable, pointless existence. As young as 10, she recorded an intention to “do something”.
It took quite awhile, but Potter eventually broke away from her restrictive parents by studying nature and painting. Of course she was best known for her illustrations of rabbits, but she also wrote illustrated stories about cats. I’ve used some of those illustrations in this post.
Now to the latest news.
We’re moving rapidly toward impeachment and maybe we’ll actually be able to rid ourselves of the monster in the White House. The revelations about Trump administration corruption are coming out at warp speed. You’ve probably been following every twist and turn, just as I have.
The latest: Last night we learned that Trump’s meeting with Russian officials in the Oval Office was even worse than previously reported. The Washington Post: Trump told Russian officials in 2017 he wasn’t concerned about Moscow’s interference in U.S. election.
President Trump told two senior Russian officials in a 2017 Oval Office meeting that he was unconcerned about Moscow’s interference in the 2016 U.S. presidential election because the United States did the same in other countries, an assertion that prompted alarmed White House officials to limit access to the remarks to an unusually small number of people, according to three former officials with knowledge of the matter.
The comments, which have not been previously reported, were part of a now-infamous meeting with Russian Foreign Minister Sergei Lavrov and Russian Ambassador Sergey Kislyak, in which Trump revealed highly classified information that exposed a source of intelligence on the Islamic State. He also said during the meeting that firing FBI Director James B. Comey the previous day had relieved “great pressure” on him.
A memorandum summarizing the meeting was limited to a few officials with the highest security clearances in an attempt to keep the president’s comments from being disclosed publicly, according to the former officials, who spoke on the condition of anonymity to discuss sensitive matters.
A bit more:
White House officials were particularly distressed by Trump’s election remarks because it appeared the president was forgiving Russia for an attack that had been designed to help elect him, the three former officials said. Trump also seemed to invite Russia to interfere in other countries’ elections, they said.
The previous day, Trump had fired Comey amid the FBI’s investigation into whether the Trump campaign had coordinated with Russia. White House aides worried about the political ramifications if Trump’s comments to the Russian officials became public.
Trump had publicly ridiculed the Russia investigation as politically motivated and said he doubted Moscow had intervened in the election. By the time he met with Lavrov and Kislyak, Trump had been briefed by the most senior U.S. intelligence officials about the Russian operation, which was directed by Russian President Vladimir Putin and included the theft and publication of Democratic emails and the seeding of propaganda in social media, according to the findings of the U.S. intelligence community.
Apparently, no one told Robert Mueller about these remarks–unless they were redacted by Cover-Up General Bill Barr.
Another scoop from The New York Times: White House Classified Computer System Is Used to Hold Transcripts of Sensitive Calls.
The White House concealed some reconstructed transcripts of delicate calls between President Trump and foreign officials, including President Vladimir V. Putin and the Saudi royal family, in a highly classified computer system after embarrassing leaks of his conversations, according to current and former officials.
The handling of Mr. Trump’s calls with world leaders has come under scrutiny after questions over whether a transcript of a July 25 call with the Ukrainian president, Volodymyr Zelensky, was improperly placed into this computer system.
The latest revelations show the focus that White House officials put o safeguarding not only classified information but also delicate calls with Mr. Trump, the details of which the administration did not want leaked.
In the case of the calls with the Saudi royal family, the restrictions were set beforehand, and the number of people allowed to listen was sharply restricted. The Saudi calls placed in the restricted system were with King Salman, Crown Prince Mohammed bin Salman and Prince Khalid bin Salman, who at the time was the Saudi ambassador to the United States….
The practice began after details of Mr. Trump’s Oval Office discussion with the Russian foreign minister, Sergey V. Lavrov, leaked to the news media, leading to questions of whether the president had released classified information, according to multiple current and former officials. The White House was particularly upset when the news media reported that Mr. Trump had called James B. Comey, the former F.B.I. director, a “nut job” during that same meeting, according to current and former officials.
The White House had begun restricting access to information after initial leaks of Mr. Trump’s calls with the leaders of Mexico and Australia. But the conversation with Mr. Lavrov and Sergey I. Kislyak, then the Russian ambassador to the United States, prompted tighter restrictions.
From The Guardian this morning: Trump’s Ukraine call sparks new questions over intelligence chief’s firing.
Three days after his now infamous phone conversation with Ukrainian president Volodymyr Zelenskiy, Donald Trump abruptly fired his director of national intelligence in favour of an inexperienced political loyalist.
According to a New York Times report, the White House learned within days that the unorthodox call on 25 July with Zelenskiy had raised red flags among intelligence professionals and was likely to trigger an official complaint.
That timeline has raised new questions over the timing of the Trump’s dismissal by tweet of the director of national intelligence (DNI), Dan Coats, on 28 July and his insistence that the deputy DNI, Sue Gordon, a career intelligence professional, did not step into the role, even in an acting capacity.
Instead, Trump tried to install a Republican congressman, John Ratcliffe, who had minimal national security credentials but had been a fierce defender of the president in Congress. Trump had to drop the nomination after it emerged that Ratcliffe had exaggerated his national security credentials in his biography, wrongly claiming he had conducted prosecutions in terrorist financing cases.
Despite the collapse of the Ratcliffe nomination, Gordon was forced out. She was reported to have been holding a meeting on election security on 8 August when Coats interrupted to convinceher that she would have to resign.
According to The New York Times, Trump knew about the whistleblower complaint “Soon After Trump’s Call” with Ukraine’s President Volodymyr Zelensky, so it appears that Trump fired Coats and Gordon to keep them from getting involved in the situation.
The Washington Post reports that Trump may have been trying to get China to investigate Hunter Biden’s activities there: Trump says he raised Hunter Biden allegations with his China go-between.
President Trump, who has alleged that Hunter Biden got the Chinese to put $1.5 billion into an investment fund, said during private remarks this week that he raised the matter with a U.S. executive who has served as his intermediary on trade talks with Beijing….
In remarks to the U.S. Mission to the United Nations on Thursday morning, Trump said he discussed Biden’s China work with Stephen Schwarzman, the chief executive of the investment company Blackstone.
“I was with the head of Blackstone . . . Steve Schwarzman,” Trump said, according to a video of the remarks obtained by The Washington Post. After alleging that Hunter Biden got $1.5 billion from the Chinese, Trump said he asked Schwarzman, “Steve, is that possible?” Trump said Schwarzman asked, “Who got that?” and Trump responded, “Biden’s son.”
Trump said he asked Schwarzman how that could happen, and the executive responded: “Maybe I shouldn’t get involved, you know it’s very political.”
I wonder how many other countries Trump has tried to solicit for help with the 2020 election?
More stories to check out, links only:
Gary Kasparov at The New York Daily News: The dam is breaking: Trump’s true character is revealed, more fully than ever.
Michael Cohen at The Boston Globe: Forget impeachment. Donald Trump needs to resign.
Jonathan Chait at New York Magazine: The Ukraine Scandal Is a Fitting Symbol of Trump’s Presidency. It May Finally Be His Downfall.
Anne Applebaum at The Washington Post: Americans spent decades discussing rule of law. Why would anyone believe us now?
The Washington Post: Deep Throat’s identity was a mystery for decades because no one believed this woman.
The Daily Beast: Pompeo Grapples for Ways to Outlast Hurricane Rudy.
Have a great Caturday, Sky Dancers!!
The Dotard is not looking or sounding good this morning. He must be missing his executive time watching Fox News this morning. Trump was at the UN trying out a new excuse for his corrupt bullying of Ukraine. Supposedly he secretly held back the aid because other countries weren’t giving enough.
Then he gave a slow-motion speech full of slurred words. His face was bloated and expressionless, and he appeared to be struggling to read the teleprompter, squinting his eyes and craning his neck forward.
Commerce Secretary Wilbur Ross appeared to be dozing off in his chair.
The Dotard’s kids were in the audience, hoping he could somehow make it through the “speech” before he keeled over.
Here’s a longer excerpt, posted by an expert on authoritarian regimes.
This robotic, senile, yet dangerous “person” is supposedly the president of the United States.
I’ll get to Ukraine and impeachment talk in a minute, but first I want to highlight this op-ed by the publisher of The New York Times A.G. Sulzberger. I hope you’ll go read the whole thing, but here’s the breaking news part: the Trump administration refused to help a NYT reporter who was in danger of being arrested in Egypt.
Two years ago, we got a call from a United States government official warning us of the imminent arrest of a New York Times reporter based in Egypt named Declan Walsh. Though the news was alarming, the call was actually fairly standard. Over the years, we’ve received countless such warnings from American diplomats, military leaders and national security officials.
But this particular call took a surprising and distressing turn. We learned the official was passing along this warning without the knowledge or permission of the Trump administration. Rather than trying to stop the Egyptian government or assist the reporter, the official believed, the Trump administration intended to sit on the information and let the arrest be carried out. The official feared being punished for even alerting us to the danger.
Unable to count on our own government to prevent the arrest or help free Declan if he were imprisoned, we turned to his native country, Ireland, for help. Within an hour, Irish diplomats traveled to his house and safely escorted him to the airport before Egyptian forces could detain him.
We hate to imagine what would have happened had that brave official not risked their career to alert us to the threat.
Walsh wasn’t alone.
Eighteen months later, another of our reporters, David Kirkpatrick, arrived in Egypt and was detained and deported in apparent retaliation for exposing information that was embarrassing to the Egyptian government. When we protested the move, a senior official at the United States Embassy in Cairo openly voiced the cynical worldview behind the Trump administration’s tolerance for such crackdowns. “What did you expect would happen to him?” he said. “His reporting made the government look bad.”
You have to wonder why NYT reporters like Ken Vogel and Maggie Haberman are so protective of Trump. Check out this example at The Daily Beast: Author of New York Times’ Controversial Biden-Ukraine Story Becomes New Ukrainian President’s Spokeswoman.
The New York Times last month published a controversial 2,500-word report raising questions about whether Joe Biden used his position as vice president to meddle in Ukrainian politics for the benefit of a company that employed his son.
Now one of the piece’s authors has announced she has taken a job as the new Ukrainian president’s spokesperson—sparking a new round of criticism of the Times’ story.
“If you want changes—make them. I am glad to join Volodymyr Zelensky’s team. We will do everything possible to be as open to the media and society as we can,” Iuliia Mendel said Monday in a press release.
Her May 1 Times piece detailed how in 2016, then-Vice President Biden successfully pushed Ukraine to oust Viktor Shokin, the country’s top prosecutor who’d been criticized by the U.S. as an impediment to corruption reform. The story suggested the possibility that Biden was motivated to push for Shokin’s removal because the prosecutor investigated the head of Burisma Holdings, a Ukrainian energy company where the veep’s son Hunter Biden was a board member.
The article provided no evidence to support the accusations against Biden, but the NYT pushed Trump and Giuliani’s false claims anyway.
Two important stories broke at The Washington Post last night:
President Trump told his acting chief of staff, Mick Mulvaney, to hold back almost $400 million in military aid for Ukraine at least a week before a phone call in which Trump is said to have pressured the Ukrainian president to investigate the son of former vice president Joe Biden, according to three senior administration officials.
Officials at the Office of Management and Budget relayed Trump’s order to the State Department and the Pentagon during an interagency meeting in mid-July, according to officials who spoke on the condition of anonymity to discuss internal deliberations. They explained that the president had “concerns” and wanted to analyze whether the money needed to be spent.
Administration officials were instructed to tell lawmakers that the delays were part of an “interagency process” but to give them no additional information — a pattern that continued for nearly two months, until the White House released the funds on the night of Sept. 11.
Trump’s order to withhold aid to Ukraine a week before his July 25 call with Volodymyr Zelensky is likely to raise questions about the motivation for his decision and fuel suspicions on Capitol Hill that Trump sought to leverage congressionally approved aid to damage a political rival.
Op-Ed by Seven freshman Democrats: Seven freshman Democrats: These allegations are a threat to all we have sworn to protect, by
Our lives have been defined by national service. We are not career politicians. We are veterans of the military and of the nation’s defense and intelligence agencies. Our service is rooted in the defense of our country on the front lines of national security.
We have devoted our lives to the service and security of our country, and throughout our careers, we have sworn oaths to defend the Constitution of the United States many times over. Now, we join as a unified group to uphold that oath as we enter uncharted waters and face unprecedented allegations against President Trump.
The president of the United States may have used his position to pressure a foreign country into investigating a political opponent, and he sought to use U.S. taxpayer dollars as leverage to do it. He allegedly sought to use the very security assistance dollars appropriated by Congress to create stability in the world, to help root out corruption and to protect our national security interests, for his own personal gain. These allegations are stunning, both in the national security threat they pose and the potential corruption they represent. We also know that on Sept. 9, the inspector general for the intelligence community notified Congress of a “credible” and “urgent” whistleblower complaint related to national security and potentially involving these allegations. Despite federal law requiring the disclosure of this complaint to Congress, the administration has blocked its release to Congress.
This flagrant disregard for the law cannot stand. To uphold and defend our Constitution, Congress must determine whether the president was indeed willing to use his power and withhold security assistance funds to persuade a foreign country to assist him in an upcoming election.
They go on to call for impeachment hearings and even using inherent contempt to force the administration to turn over documents and witnesses.
Speaker Nancy Pelosi has called a meeting of the Democratic caucus for this afternoon. CNN reports:
House Speaker Nancy Pelosi will meet with key committee chairmen who are leading investigations into President Donald Trump, ahead of a full caucus meeting Tuesday afternoon, according to Democratic sources, in what appears to be a crucial day for the party and their strategy on whether to impeach the President.
Amid a new slate of Democratic lawmakers opening the door to impeachment proceedings, Pelosi will consult with the six House Democratic leaders to discuss their presentation to the caucus later in the day, Democratic sources familiar with the issue say. The speaker has been on the phone with her colleagues over the last several days to take the temperature of the whistleblower complaint against Trump as she decides whether to embrace impeachment, Democrats say.
In an interview with CNN Monday night, Pelosi declined to say whether she would fully endorse initiating an impeachment inquiry when she meets with the caucus Tuesday.
But she left little doubt the developments around the whistleblower’s complaint had dramatically escalated the standoff with Trump and a move toward impeachment proceedings was all but certain.
“We will have no choice,” Pelosi said of ultimately getting behind an impeachment inquiry.
Some of Pelosi’s closest allies, including House Reps. Rosa DeLauro of Connecticut and Debbie Dingell of Michigan, have signaled their support for impeachment proceedings — a significant indicator that the speaker could be moving closer to backing the divisive political procedure.
The news is full of impeachment talk this morning. Here are some stories to check out:
Joyce White Vance at Time: Trump Is Leaving Congress No Choice But to Impeach.
Jonathan Chait at New York Magazine: Why Trump Has Finally Forced the House to Impeach Him.
Jonathan Bernstein at Bloomberg: We’re Likely Headed for Impeachment.
The Daily Beast: Trump Impeachment: House Dems Are Discussing a ‘Select Panel’ to Handle the Task.
What stories are you following on this Terrifying Tuesday?